Crypto-backed candidates notch more wins as House results trickle in
Republicans and Democrats are vying for control of the House of Representatives in 2025, but a significant majority of lawmakers supporting crypto policies are on course to retain their seats.
Several notable victories have been secured by candidates endorsed by cryptocurrency political action committees (PACs), indicating a potential shift towards crypto-friendly governance in the upcoming term.
- Republican Young Kim claims victory in California’s 40th congressional district.
- Democrats Susie Lee and Steven Horsford emerge victorious in Nevada’s 3rd and 4th congressional districts, respectively.
The influence of crypto executives, including Gemini co-founders Cameron and Tyler Winklevoss, in supporting candidates is evident with substantial financial contributions recorded.
Crypto advocates anticipate a legislative landscape poised for pro-crypto initiatives in the wake of these electoral outcomes.
